Monitoring and analysing a range of financial variables to support equity and commodity trading and proprietary research for clients.
Prompt WTI timespreads, as in every corner of the market, took a pummelling late last week amid the huge sell-off in crude brought on by the emergence of the new coronavirus variant. While the plummet in flat price and structure was triggered by fears that the Omicron variant would drag on global oil demand, the move was exacerbated by low liquidity on the long weekend, selling pressures from hedging activity and the triggering of sell signals, and initially high speculative net length.
In the aftermath of COP26, global leaders and their nations set to work to meet historic pledges to significantly reduce emissions and reduce fossil fuel reliance. The UK has previously committed to reducing emissions by at least 78% by 2035 and be net-zero by 2050 – so how can we ensure these targets are achieved?
The satellite Earth Observation (EO) industry is evolving incredibly quickly, as new satellites are being planned and launched, and leading-edge ML-based analytics developed and applied to open up new capabilities and markets. Nothing exemplifies this trend better than the partnership between Geospatial Insight and BlackSky, which creates a step-change in the potential for our customers to receive near real-time geospatial intelligence. This partnership has not happened overnight – we have been working alongside BlackSky for the last 7 years as both companies’ capabilities have developed and matured. With the growing capabilities of the BlackSky constellation, this close partnership has now crystallised as we become part of their reseller network, enabling Geospatial Insight to distribute their imagery to our clients worldwide in the insurance, finance, utilities and defence sectors.